Ethereum traded close to the $240 support area and recently recovered. ETH price is now trading above $255 and it is likely to continue higher towards $270 and $275.
A just-released report from Bitmex shows that Bitcoin platform development continues to grow and diversify. A look at key players reflects greater interest in scalability and bringing the flagship cryptocurrency into a position for effective mass use. Multiple Bitcoin Projects Supported The report shows that Blockstream and Lightning Labs have become by-far the top institutions …
Altcoins have all reacted differently to the Bitcoin-induced market volatility. While some have recovered from the market crash two weeks ago, others have struggled. The case of Litecoin, Decred and Huobi Token is a case in point. As can be seen, Huobi Token has been the best performing asset among Litecoin and Decred. At the […]
In times of geopolitical uncertainty resulting from the likes of the COVID-19 pandemic, many believe non-correlated assets like Bitcoin and other cryptocurrencies offer solace and act as safe-haven assets. However, the past few months have also exhibited crypto’s characteristics when confronted by a global pandemic, which in turn, led to an economic meltdown. A recent […]
While the crypto-ecosystem hoped the start of 2020 would welcome a potential alt-season, the last few weeks have been far from perfect for a host of altcoins. In fact, the overarching trend for most altcoins continues to be one of rapid price drops. Coins such as Bitcoin Cash [BCH], Augur [REP] and FTX Token [FTT] […]
From the looks of it, all three coins, Binance Coin, Waves, and Maker, are falling off the ‘surge bandwagon.’ All these coins recorded 10% drops in the last 24 hours or so. And while there were no direct reasons behind these altcoins’ prices dropping, it must be noted that all these coins fell after Bitcoin, […]
“Unfortunately, we did make a mistake that we didn’t recognize what we’re doing was actually impacting the voting. They still have contentions between Justin and the Steem community, [but] that’s their problem we’re not involved.” – CZ. The dispute over social media community and content-focused DApp Steem’s alleged “takeover” and Tron Founder Justin Sun appears […]
Over the past-24 hours, the collective digital space has gone through a host of price fluctuations, with valuations depleting across the board for all altcoins alike. The case of Bitcoin Gold, Chainlink, and Hedge Trade is more or less the same as well. Chainlink 17th rank Chainlink registered a depreciation of 9.99 percent over the […]
Privacy coin Monero and other altcoins like IOTA and NANO are among those to have suffered as a result of the market’s wild volatility. While the fortunes of all these altcoins have varied, they’ve all faced the brunt of the king coin’s price fluctuations. This has turned out to be the bane of tokens such […]
The Bitcoin halving is now less than 46 days away and is the most anticipated one yet. ‘Anticipated’ due to the recent drop in Bitcoin’s price and the sordid state that the miners are in. Bitcoin Miners are without a doubt the backbone of the community and help keep the network running. For this, the […]
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XRP dropped by a total of 3% today as the cryptocurrency falls beneath the $0.17 level. The coin managed to break above the previous ascending triangle
In May, —no one knows exactly what day— the BTC community will witness its third “Halving”. This event will reduce the amount of bitcoin that
Global banking regulators issued a statement Friday saying that elements of the Basel III banking rules reform that have yet to be implemented will be pushed back a year due to the coronavirus pandemic.
Amid the current financial crisis, bitcoin has yet to prove itself to be the “safe-haven” asset that many claim it to be. In fact, research by The Block shows that bitcoin has been relatively correlated to the equity market.